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Star Gold Corp. Secures US Forest Service Approval for Plan of Operations at Longstreet Property, Advancing Pathway to Production Permit

(Very Positive)
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Star Gold (OTC:SRGZ) received US Forest Service approval for its Plan of Operations at the Longstreet gold-silver property in Nevada. The authorization enables hydrology, engineering, and drilling programs needed to support an Environmental Impact Statement and, later, applications for a production Plan of Operations and mining permit.

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Positive

  • US Forest Service approves Plan of Operations for Longstreet project
  • Authorization covers hydrology, site characterization, and resource drilling programs
  • Work programs support preparation of a formal Environmental Impact Statement
  • Diamond drilling to refine gold and silver resource classifications
  • Company cites recent financing to fund the approved work scope

Negative

  • Project still requires completion of Environmental Impact Statement before production permit
  • Mining at the Main Deposit depends on future production POO and permit approvals

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Approval Allows Critical Hydrology, Engineering, and Drilling Work Required for Environmental Impact Statement to Proceed

COEUR D'ALENE, Idaho, May 21, 2026 /PRNewswire/ -- Star Gold Corp. (OTC:SRGZ) ("Star Gold" or the "Company") today announced that it has received United States Forest Service ("USFS") approval for its Plan of Operations ("POO") for its Longstreet Property located in Nye County, Nevada. The approval marks a significant regulatory milestone, enabling the Company to advance the suite of technical studies required to support a formal Environmental Impact Statement ("EIS") and ultimately apply for a production POO and mining permit.

Approved Scope of Work

The approved POO authorizes Star Gold to proceed with three interconnected work programs at Longstreet:

1) Hydrology and Water-Resource Assessment

Star Gold will drill the processing water source well and required monitoring wells to complete a full hydrogeologic baseline study. This work will establish baseline hydrology data, monitor water quality downgradient from the heap leach pad, and generate a formal water quality monitoring plan essential to the EIS.

2) Site Characterization for Heap Leach Pad Design

Systematic soil sampling at the proposed leach pad location will verify subsurface conditions to guide engineering design, stability analysis, and permitting documentation. Results will directly inform heap leach pad and pile design specifications.

3) Geology and Resource Assessment

A diamond drilling program targeting the Main Deposit will verify rock mass geology, support baseline geochemical testing, and refine gold and silver resource classifications. Data generated will enhance the geological model, update resource classifications, and provide the technical foundation for feasibility work.

"Receiving Forest Service approval of our POO is a defining milestone for Star Gold. The POO establishes a clear, authorized pathway to the ultimate production permit at our Longstreet gold and silver project." said Lindsay Gorrill, Chief Executive Officer. "With our recently completed financing in place to fund the approved POO work, we are well-positioned to execute and move through the EIS process and onto permit application. Mining the Main Deposit remains our central objective for the coming months, and we now have the regulatory and financial foundation to pursue it."

"The approved scope of work reflects the systematic, data-driven approach our team has taken from the outset," said Reines Sipols, Director of Project Management. "Each of the three workstreams—hydrology, site characterization and resource drilling—is specifically designed to generate the technical data the USFS requires for EIS review. We have the team and the plan to execute these programs."

About Star Gold Corp.

Star Gold is a U.S.-focused precious metals company developing scalable,
high-margin gold and silver assets in Nevada. In one of the world's premier and most established mining jurisdictions. Star Gold is focused on advancing its flagship Longstreet Gold-Silver Project in Nye County, Nevada. The 100% owned Longstreet Project spans approximately 2,600 acres, comprising of 137 unpatented mining claims and 5 additional unpatented claims.  Star Gold is strategically progressing the technical studies and documentation required to support a potential Environmental Impact Statement (EIS) and move to production, Star Gold is dedicated to responsible exploration and sustainable development. 

For More Information
Star Gold Corp.
www.stargoldcorp.com

Investor Contact
Lindsay Gorrill
Chief Executive Officer
Lgorrill@stargoldcorp.com
(208) 664-5066

Send your requests to info@stargoldcorp.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/star-gold-corp-secures-us-forest-service-approval-for-plan-of-operations-at-longstreet-property-advancing-pathway-to-production-permit-302778449.html

SOURCE Star Gold Corp.

FAQ

What did Star Gold (OTC:SRGZ) announce about the Longstreet Plan of Operations on May 21, 2026?

Star Gold announced US Forest Service approval of its Plan of Operations for the Longstreet property. According to the company, this regulatory milestone authorizes key technical studies needed to support an Environmental Impact Statement and future applications for a production Plan of Operations and mining permit.

How does US Forest Service approval advance Star Gold's path to a production permit at Longstreet (SRGZ)?

The approval allows Star Gold to complete technical work required for an Environmental Impact Statement. According to the company, results from hydrology, site characterization, and geology programs will provide data the Forest Service needs before Star Gold can apply for a production POO and mining permit.

What work programs are included in Star Gold's approved Plan of Operations for Longstreet (SRGZ)?

The approved Plan of Operations covers hydrology, site characterization, and geology/resource assessment work. According to Star Gold, activities include water-source and monitoring wells, soil sampling for heap leach pad design, and diamond drilling to refine rock mass geology and gold-silver resource classifications.

Why is hydrology work at the Longstreet heap leach pad important for Star Gold (SRGZ) investors?

Hydrology work establishes baseline water data and quality monitoring for the project. According to Star Gold, processing water wells and monitoring wells will support a hydrogeologic baseline and a formal water quality plan, both essential inputs for the Environmental Impact Statement and permitting process.

How will the approved drilling program impact Star Gold's gold and silver resource model at Longstreet (SRGZ)?

The drilling program aims to verify rock mass geology and support geochemical testing. According to Star Gold, diamond drilling targeting the Main Deposit should refine the geological model, update gold and silver resource classifications, and provide technical foundations for future feasibility work.

What does Star Gold say about funding the approved work at the Longstreet project (SRGZ)?

Star Gold states it has completed financing to fund the approved Plan of Operations work. According to the company, this financing, combined with regulatory approval, positions the team to execute hydrology, engineering, and drilling programs and progress through the Environmental Impact Statement process.